Victims of the Equifax data breach won’t be eligible for $125 in settlement unless they meet these criteria [MarketWatch]
TransUnion (TRU)
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Source: MarketWatch
Victims of the Equifax data breach won’t be eligible for $125 in settlement unless they meet these criteria There’s no such thing as easy cash for victims of Equifax data-breach settlement. The $700 million settlement they’re owed comes with some strings attached, a settlement administrator said this month. The settlement, unveiled in July, offers the 147 million consumers affected by the massive 2017 breach a choice between 10 years of free credit monitoring or $125 in cash. But now applicants are learning they have to show they already have “some form of credit monitoring or protection in place” to stand any chance at any cash offered in the settlement. Over the weekend, people seeking the $125 started receiving emails from settlement administrators saying they must verify they “had some form of credit monitoring or protection in place and will continue to have the credit monitoring in place for a minimum of six months.” That notice was the latest piece of bad news for people who we
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